WINTON GROUP Ltd Sells 2,364 Shares of Inter & Co, Inc. (NASDAQ:INTR)

WINTON GROUP Ltd lessened its position in shares of Inter & Co, Inc. (NASDAQ:INTR) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,146 shares of the company’s stock after selling 2,364 shares during the period. WINTON GROUP Ltd’s holdings in Inter & Co, Inc. were worth $575,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of INTR. US Bancorp DE grew its holdings in Inter & Co, Inc. by 6,054.6% during the 4th quarter. US Bancorp DE now owns 5,970 shares of the company’s stock worth $25,000 after acquiring an additional 5,873 shares during the period. Savant Capital LLC bought a new stake in shares of Inter & Co, Inc. during the 4th quarter valued at about $42,000. Atom Investors LP acquired a new stake in Inter & Co, Inc. during the third quarter worth approximately $71,000. Skandinaviska Enskilda Banken AB publ increased its holdings in Inter & Co, Inc. by 78.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company’s stock worth $52,000 after purchasing an additional 5,500 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Inter & Co, Inc. in the third quarter valued at approximately $103,000. Institutional investors and hedge funds own 22.90% of the company’s stock.

Inter & Co, Inc. Price Performance

Shares of NASDAQ:INTR opened at $5.65 on Friday. The stock’s 50 day moving average is $5.37 and its 200-day moving average is $5.54. Inter & Co, Inc. has a twelve month low of $3.88 and a twelve month high of $7.84. The company has a quick ratio of 0.87, a current ratio of 0.85 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 14.49 and a beta of 1.31.

Inter & Co, Inc. (NASDAQ:INTR) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.06%. Sell-side analysts forecast that Inter & Co, Inc. will post 0.48 EPS for the current fiscal year.

Inter & Co, Inc. Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, February 26th. Shareholders of record on Monday, February 17th were issued a dividend of $0.08 per share. This represents a yield of 0.5%. The ex-dividend date was Friday, February 14th. Inter & Co, Inc.’s dividend payout ratio is currently 20.51%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating for the company in a research note on Friday, January 24th. Morgan Stanley decreased their price target on shares of Inter & Co, Inc. from $4.50 to $4.00 and set an “underweight” rating for the company in a research note on Monday, March 17th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $6.78.

About Inter & Co, Inc.

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.